Rhinebeck Bancorp stockholders and depositors approve conversion to stock holding company structure

Rhinebeck Bancorp, Inc.

Approvals at special meetings June 29, 2026; plan to convert from mutual to fully public stock holding company structure.
Closing subject to final regulatory approvals, sale of at least 6,587,500 shares, and other conditions.
Subscription offering expired June 18, 2026; no community offering will be held.
Final share count based on independent appraisal and regulatory approvals; allocation processing ongoing.

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